Zero Tax for Facebook CEO's Mark Zuckerberg having Net Salary of $1 Only in 2013
Wednesday, May 23, 2012
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Today's interesting news is that Facebook Co-Founder and Chief Executive Officer Mark Zuckerberg next year in 2013 will gets a base salary of just $1 from its current base salary of $600,000 dramatically cutting-off his annual pay following up other Tech industry's CEO's and Founders including Apple�s late Steve Jobs, Google�s Eric Schmidt and Larry Page, Hewlett-Packard�s Meg Whitman and Oracle�s Larry Ellison who are also getting a base salary of just $1. You would be now thinking why these Internet Entrepreneur and CEO's are cutting-off their base salaries? It�s because of by doing this their income tax burden would be zero or nil and their life will be a tax-free debts.
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